How big is the Mexico LED Lighting Market?

The Mexico LED Lighting Market size is expected to reach USD 1.91 billion in 2024 and grow at a CAGR of 9.87% to reach USD 3.26 billion by 2029. Read More

What is the current Mexico LED Lighting Market size?

In 2024, the Mexico LED Lighting Market size is expected to reach USD 1.91 billion. Read More

Who are the key players in Mexico LED Lighting Market?

Acuity Brands, Inc., Signify Holdings BV, GE Lighting (Savant), Dialight PLC and Opple Lighting are the major companies operating in the Mexico LED Lighting Market. Read More

What years does this Mexico LED Lighting Market cover, and what was the market size in 2023?

In 2023, the Mexico LED Lighting Market size was estimated at USD 1.72 billion. The report covers the Mexico LED Lighting Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mexico LED Lighting Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Mexico LED Lighting Market - Size, Share & Analysis

Mexico LED Lighting Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Mexico LED Lighting Manufacturers and the Market is Segmented by Product Type (Lamps and Luminaires) and End-User Vertical (Residential, Commercial, Urban and Street Lighting, Industrial). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Mexico LED Lighting Industry Overview

The Mexican LED lighting market is semi-consolidated, with the presence of major players. The market players are viewing strategic partnerships and collaborations as a lucrative path towards expansion of market share. The companies are also collaborating to conduct R&D activities to further find opportunities in the market.

In December 2022, GE Lighting introduced its first line of decorative light fixtures and new pendants, featuring an incorporated LED lighting option. The new line contained three decorative fixture families, Solon, Glenwillow, and Mentor, and five industrial-style pendant options.

In May 2022, Signify unveiled the launch of the latest Pacific LED gen5 waterproof luminaire generation, a solution developed for optimal performance in demanding environments like industries and parking areas.